Success Stories

Retail success story

Recovery Partners is engaged by a national retail company. Annual revenues from retail sales are approximately 400 million dollars. Recovery Partners successfully recovered in excess of $700,000. Recommendations were made to the client, based on our findings, that would help eliminate a vast majority of these losses. The second year of our engagement, recoveries were reduced by almost $400,000.  

The client noted: "We had never had an AP audit before and were not exactly sure what to expect. Recovery Partners came in, did their work and we hardly knew they were here! They recovered a substantial amount for us to boot. Everything was handled in a very professional manner. We just signed a new 3 year contract with them!!!  Great job!"


Distribution success story

Recovery Partners has an ongoing relationship since 1998 with an international industrial parts distributor. They have over 450 locations and 9 distribution centers internationally.  Annual revenues for the corporation are in excess of 3 billion dollars. Over the years we have recovered millions of dollars that would have otherwise been lost. Through close involvement with their financial personnel, Recovery Partners has been an integral part of process and procedure modifications that have effectively minimized their exposure to losses through their purchasing and accounts payable process.

The CFO writes: “Through your sophisticated computer software programs or your hands-on research, you’ve got the expertise we don’t have. The conclusion I reached years ago was; it doesn’t cost me a dime to do this. If it helps improve my process and/or finds me money I otherwise wouldn’t be able to find, then I’ve come out ahead. I wouldn’t run a company without using your help to validate what I’m doing. Your help, in addition to recovering “lost” monies, has made us a better financial department and a better company.
 

Our suppliers became more aware their invoices were being scrutinized at a more detailed level and in some cases this resulted in better long-term pricing to us. Thanks for all your help over the years.”